Crain Timothy Price II 4
4 · Intuitive Machines, Inc. · Filed Jan 7, 2025
Insider Transaction Report
Form 4
Crain Timothy Price II
SVP & Chief Technology Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-01-03+63,673→ 426,483 total - Sale
Class A Common Stock
2025-01-03$22.02/sh−63,673$1,401,844→ 362,810 total - Disposition to Issuer
Class C Common Stock
2025-01-06−236,327→ 8,348,600 total - Sale
Class A Common Stock
2025-01-06$22.03/sh−236,327$5,206,402→ 362,810 total - Exercise/Conversion
Common Units
2025-01-03−63,673→ 9,699,886 total→ Class A Common Stock (63,673 underlying) - Disposition to Issuer
Class C Common Stock
2025-01-03−63,673→ 8,584,927 total - Exercise/Conversion
Class A Common Stock
2025-01-06+236,327→ 599,137 total - Exercise/Conversion
Common Units
2025-01-06−236,327→ 9,463,559 total→ Class A Common Stock (236,327 underlying)
Footnotes (4)
- [F1]The Common Units of Intuitive Machines, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the discretion of the holder. The Common Units do not expire. Upon the redemption of any Common Units, a number of shares of Class C Common Stock equal to the number of Common Units that are redeemed will automatically be cancelled for no consideration.
- [F2]The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 22, 2024.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.10, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.